Kentucky Trust Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Kentucky Trust Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 561740 | Carpet and Upholstery Cleaning Services | 1 | $55K | $55K | 12.5% |
| 624410 | Child Care Services | 1 | $45K | $45K | 12.5% |
| 423910 | Sporting and Recreational Goods and Supplies Merchant Wholesalers | 1 | $255K | $255K | 12.5% |
Geographic Distribution
SBA lending activity for Kentucky Trust Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Kentucky (KY) | 8 | $1.2M | 100.0% |
Why Choose Kentucky Trust Bank?
Based on SBA 7(a) lending track record from 1991-2007
- ✓Proven Track Record: 8 SBA loans approved, totaling $1.2M in financing
- ✓Industry Expertise: Specialized focus on Carpet and Upholstery Cleaning Services, Child Care Services, Sporting and Recreational Goods and Supplies Merchant Wholesalers
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 126 months
- ✓Loan Range: Loan sizes from $45K to $500K, with an average of $148K
- ✓Nationwide Reach: Active lending in 1 states, with strong presence in KY
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Kentucky Trust Bank SBA lending
What types of businesses does Kentucky Trust Bank typically finance?
Kentucky Trust Bank specializes in SBA 7(a) lending to specific industries including carpet and upholstery cleaning services, child care services, sporting and recreational goods and supplies merchant wholesalers. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Kentucky Trust Bank's typical SBA loan terms?
Kentucky Trust Bank's SBA 7(a) loans typically feature an average interest rate of — and average term length of 126 months (approximately 11 years). Loan sizes range from $45K to $500K, with an average loan size of $148K.
Do I need a business valuation for a Kentucky Trust Bank SBA loan?
Yes, Kentucky Trust Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Kentucky Trust Bank compare to other SBA lenders?
Kentucky Trust Bank has originated 8 SBA loans totaling $1.2M since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Kentucky Trust Bank lend in?
Kentucky Trust Bank provides SBA 7(a) financing with particularly strong presence in KY. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.